Re: One of the biggest challenges that we will encounter in Bitcoin
One of the biggest challenges that we will encounter in Bitcoin is the Scalability problem which means there is only limited amount of information that can be contained or its capacity. I'm sure that there will be more people who will going to join the campaign which will result to a possible delay during processing or trading. So how can we provide a solution on this or how to ensure that all the trading done were saved once delayed before bitcoin achieves mainstream adoption?
Point out that one towards the devs behind the bitcoin network.
Well, I am not sure why people keep saying that bitcoin will, may or could not achieve the scalability that is need in the current era. There are real world example of Visa companies and MasterCard as well who has more than 20k transaction per seconds capacity. If they can achieve it over the centralised server then why not we over the decentralised network where the blockchain runs through millions of personal computers around the globe! I guess it would be pretty easy to do if someone really puts their efforts into the blockchain and try to scale up the bitcoin nodes. Thoughts are welcome on this one.